GERMANY AND AUSTRIA TO TAP OIL RESERVES AFTER 400 MILLION BARRELS REQUESTED. (PHOTO).

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 Germany and Austria to tap oil reserves after 400 million barrels requested  Germany and Austria announced they are releasing portions of their oil reserves in response to an International Energy Agency request for member nations to collectively release 400 million barrels to help ease rising energy prices linked to the Iran conflict. Japan also said it will begin releasing part of its reserves starting Monday. The move marks one of the largest coordinated releases of emergency oil stocks in history. The previous record came in 2022, when IEA members released 182.7 million barrels following the energy disruptions caused by Russia’s invasion of Ukraine. Member countries currently hold over 1.2 billion barrels of public emergency oil stocks, along with an additional 600 million barrels of industry stocks maintained under government requirements. The release comes amid heightened tensions in the Persian Gulf, where Iran has targeted commercial ships and disrupted shipping throug...
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EFCC NABS ZAMFARA DISTRICT HEAD,TWO OTHERS FOR DIVERTING GOVT FERTILIZER,HERBICIDE.{PHOTO}.#PRESS RELEASE.

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      Operatives of the Sokoto Zonal Office of the Economic and Financial Crimes Commission, EFCC have arrested the Chairman of Rice Farmers’ Association of Nigeria, RIFAN, Gummi Local Government Chapter, Ibrahim Rijiya; the Council Storekeeper, Aminu Musa and Abdullahi Bashir for their alleged involvement in the criminal diversion of three trailer loads of 1,800 bags of fertilizer, and a truck-load of farming herbicide belonging to rice farmers in Gummi.
Rijiya, who is also the District Head of Rijiya Gummi, Gummi LGA, Zamfara State, is also alleged to have diverted three trailers loaded with fertilizer and other supplies for their local farmers, and later sold each bag at the sum of N3,000 including other farm materials.
The EFCC had received a petition from representatives of seven different groups of rice farmers, alleging that sometimes in July 2018, the Federal Government approved and disbursed 12 trucks of fertilizer and herbicides, on loan to 83 cooperative groups in Gummi and that no member of the association fully collected all the items as approved by the government.All efforts made by the Gummi Chapter of RIFAN to get the items back, proved abortive.
Investigation revealed that Rijiya conspired with Musa to divert and sell the three trailers of fertilizer and a truck load of herbicide to Bashir at the cost of N17.1million and shared the money among themselves.
The suspects confessed to their roles in the crime, while the three trailers of the fertilizer have been recovered from them. Efforts are in top-gear to recover the diverted herbicide.
They will soon be arraigned in court.
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